U.S. Banking Companies with Highest Multiples of Net to Salary, Benefits

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U.S. Banking Companies with Highest Multiples of Net to Salary, Benefits

U.S. Banking Companies with Highest Multiples of Net to Salary, Benefits
On Sept. 30, 2006. Dollars in thousands
Published March 27, 2007
        Salaries and
benefits
Return on
average assets
    Multiple Net income
1 Bridgeview Bancorp Inc. Chicago 15.54 $20,121 $1,295 5.71%
2 Corus Bankshares Inc. Chicago 4.57 51,117 11,181 2.11
3 SBC Inc. Countryside, Ill. 3.81 10,113 2,651 3.65
4 Amboy Bancorp. Old Bridge, N.J. 3.75 16,063 4,279 2.32
5 Security Pacific Bancorp Los Angeles 3.22 6,027 1,870 3.92
6 Thornton Holding Co. Inc. Douglasville, Ga. 2.78 3,233 1,165 3.36
7 Hillcrest Bancshares Inc. Overland Park, Kan. 2.7 7,621 2,818 1.94
8 Olney Bancshares of Texas Inc. Olney 2.62 7,215 2,751 3.04
9 First Mutual Bancorp of Illinois Inc. Harvey 2.6 4,935 1,898 1.85
  Hershenhorn Bancorp. Inc. Palatine, Ill. 2.6 3,610 1,389 3.01
11 Florida Community Banks Inc. Immokalee 2.54 5,933 2,337 2.32
12 United National Corp. Sioux Falls, S.D. 2.3 71,714 31,202 21.01
13 PNC Financial Services Group Inc. Pittsburgh 2.25 1,483,863 659,930 6.19
14 Stearns Financial Services Inc. St. Cloud, Minn. 2.24 13,409 5,978 3.46
  Triangle Financial Group Inc. Loganville, Ga. 2.24 2,504 1,118 2.23
16 Inwood Bancshares Inc. Dallas 2.1 7,358 3,499 2.45
17 Fidelity Holding Co. Minnetonka, Minn. 2.04 2,066 1,011 2.15
  Washington First Financial Group Inc. Seattle 2.04 2,862 1,405 1.98
19 Lakeside Bancorp Inc. Chicago 1.98 4,918 2,487 2.45
20 ANB Bancshares Inc. Rogers, Ark. 1.96 8,283 4,235 2.65
21 W Holding Co. Inc. Mayaguez, Puerto Rico 1.95 25,542 13,074 0.61
22 Royal Bancshares of Pennsylvania Inc. Narberth 1.92 6,515 3,389 1.99
  Cathay General Bancorp Los Angeles 1.92 30,658 15,949 1.62
  United Bancorp. of Wyoming Inc. Jackson 1.92 8,525 4,451 2.52
25 East West Bancorp Inc. Pasadena, Calif. 1.9 35,562 18,722 1.38
26 Taylor Capital Group Inc. Rosemont, Ill. 1.89 18,893 10,005 2.28
27 City National Bancshares Inc. Miami 1.88 17,828 9,468 2.52
28 Westamerica Bancorp. San Rafael, Calif. 1.85 24,238 13,081 2
29 Diamond Bancorp Inc. Washington, Mo. 1.82 3,995 2,194 3.1
30 Stockman Financial Corp. Miles City, Mont. 1.81 8,434 4,653 2.91
  New York Community Bancorp Inc. Westbury 1.81 62,477 34,477 0.87
  Gwinnett Commercial Group Inc. Lawrenceville, Ga. 1.81 3,134 1,731 2.03
33 Excel Bank Corp. Minneapolis 1.8 2,733 1,521 1.68
34 Frontier Financial Corp. Everett, Wash. 1.78 18,526 10,417 2.37
35 Manhattan Banking Corp. Manhattan, Kan. 1.76 2,039 1,158 1.45
  First Security Bankshares Inc. Lavonia, Ga. 1.76 2,259 1,285 3
37 Ida Grove Bancshares Inc. Ida Grove, Iowa 1.75 3,906 2,235 1.97
  Intervest Bancshares Corp. New York 1.75 4,884 2,797 1.05
39 Hanmi Financial Corp. Los Angeles 1.72 17,596 10,229 1.91
40 S&T Bancorp Inc. Indiana, Pa. 1.7 14,664 8,618 1.8
  Alikat Investments Inc. Gurnee, Ill. 1.7 2,073 1,220 1.49
42 Barnes Bancorp. Kaysville, Utah 1.69 4,922 2,914 2.76
43 FCB Florida Bancorp. Inc. Orlando 1.68 2,828 1,687 1.75
44 Henry County Bancshares Inc. Stockbridge, Ga. 1.67 3,201 1,922 1.87
45 Mesaba Bancshares Inc. Grand Rapids, Minn. 1.65 2,646 1,608 2.19
46 Guaranty Development Co. Livingston, Mont. 1.61 3,147 1,949 2.71
  Chambers Bancshares Inc. Danville, Ark. 1.61 4,178 2,602 1.94
48 CVB Financial Corp. Ontario, Calif. 1.6 18,455 11,540 1.23
  Prairie Financial Corp. Bridgeview, Ill. 1.6 2,533 1,587 1.81
50 Prosperity Bancshares Inc. Houston 1.59 16,365 10,268 1.46
  West Financial Inc. El Paso 1.59 3,691 2,317 2.44
  New Frontier Bancorp Greeley, Colo. 1.59 3,736 2,348 1.39
  Carbon County Holding Co. Rawlins, Wyo. 1.59 1,275 803 3.64
  U.S. Bancorp Minneapolis 1.59 1,203,000 758,000 2.24
  Capitol Bancorp. Inc. Britton, S.D. 1.59 2,873 1,812 2.16
56 Farmers Enterprises Inc. Great Bend, Kan. 1.58 2,183 1,380 1.7
57 Franklin Resources Inc. San Mateo, Calif. 1.56 381,670 243,907 16.74
  First National Bancshares Inc. East Lansing, Mich. 1.56 3,867 2,478 3.05
  City Holding Co. Charleston, W.Va. 1.56 13,621 8,732 2.17
60 Alliance Financial Services Inc. St. Paul 1.55 3,810 2,451 2.65
  Beverly Hills Bancorp Inc. Calabasas, Calif. 1.55 2,635 1,699 0.72
62 American National Corp. Omaha 1.53 7,797 5,089 1.95
  First Financial Holdings MHC Renton, Wash. 1.53 1,769 1,157 0.73
  Citizens Bankshares Inc. Farmington, N.M. 1.53 2,641 1,728 2.09
65 Bankmanagers Corp. Milwaukee 1.52 3,889 2,561 2.14
66 Delta Bancshares Co. St. Louis 1.5 2,285 1,519 1.21
  United Security Bancshares Fresno 1.5 3,461 2,307 2.05
  West Bancorp. Inc. West Des Moines, Iowa 1.5 4,977 3,323 1.51
69 Big Sandy Holding Co. Longmont, Colo. 1.46 4,519 3,089 1.73
70 Valley View Bancshares Inc. Overland Park, Kan. 1.45 11,180 7,714 1.82
71 Orion Bancorp Inc. Naples, Fla. 1.44 8,253 5,717 1.48
  First National Community Bancorp Inc. Dunmore, Pa. 1.44 3,711 2,573 1.4
  Highlands Bankshares Inc. Petersburg, W.Va. 1.44 1,156 805 1.35
74 BOU Bancorp Inc. Ogden, Utah 1.41 4,393 3,105 2.81
  Southern Utah Bancorp. Cedar City, Utah 1.41 2,645 1,881 1.98
76 Lauritzen Corp. Omaha 1.4 10,837 7,729 3.65
  Wilshire Bancorp Inc. Los Angeles 1.4 8,818 6,304 1.86
78 St. Landry Bancshares Inc. Opelousas, La. 1.39 $1,168 $838 2.13%
  WNB Bancshares Inc. Odessa, Tex. 1.39 3,747 2,689 2.39
  Central Bancorp. Provo, Utah 1.39 4,055 2,925 3.08
  Porter Bancorp Inc. Louisville, Ky. 1.39 3,809 2,749 1.54
  Brand Group Holdings Inc. Lawrenceville, Ga. 1.39 4,934 3,562 2.43
83 Parkway Bancorp Inc. Harwood Heights, Ill. 1.37 5,849 4,272 1.3
  Beach Community Bancshares Inc. Fort Walton Beach, Fla. 1.37 1,967 1,438 1.46
85 Ambank Co. Inc. Sioux Center, Iowa 1.36 2,308 1,692 1.66
  Lincolnwood Bancorp Inc.Ill. 1.36 1,480 1,085 2.67
  First Community Bancorp San Diego 1.36 21,375 15,755 1.88
  First McMinnville Corp.Tenn. 1.36 982 724 1.24
89 Northern Empire Bancshares Santa Rosa, Calif. 1.35 4,420 3,274 1.31
90 Durant Bancorp Inc.Okla. 1.34 8,054 6,002 2.04
  Southern National Banks Inc. Fort Walton Beach, Fla. 1.34 3,304 2,469 3.23
  CNB Bancshares Inc. Sevierville, Tenn. 1.34 2,914 2,178 1.93
  Nara Bancorp Inc. Los Angeles 1.34 8,668 6,480 1.77
94 Hancock Holding Co. Gulfport, Miss. 1.33 36,032 27,059 2.38
  People’s Utah Bancorp American Fork 1.33 4,448 3,348 2.39
  Foster Bankshares Inc. Chicago 1.33 2,366 1,784 2.09
97 Whitcorp Financial Co. Leoti, Kan. 1.32 2,277 1,722 1.94
  United Community Bancorp Inc. Chatham, Ill. 1.32 2,412 1,829 1.61
99 Silver State Bancorp Henderson, Nev. 1.31 5,643 4,319 2.06
100 Blossman Bancshares Inc. Lacombe, La. 1.3 2,875 2,217 1.99
  Republic Bancorp Co. Orland Park, Ill. 1.3 2,804 2,163 1.54
102 Citco Community Bancshares Inc. Elizabethton, Tenn. 1.29 2,876 2,221 2.01
103 UCBH Holdings Inc. San Francisco 1.28 25,570 19,899 1.23
104 First South Bancorp Inc. Washington, N.C. 1.27 4,317 3,400 1.92
105 Amarillo National Bancorp Inc.Tex. 1.26 10,556 8,345 2.13
  Atlantic Southern Financial Group Inc. Macon, Ga. 1.26 1,678 1,328 1.31
  First Regional Bancorp Century City, Calif. 1.26 10,090 7,998 2.05
  ITLA Capital Corp. La Jolla, Calif. 1.26 6,848 5,436 0.86
  Virginia Commerce Bancorp Inc. Arlington 1.26 6,085 4,847 1.36
110 Crews Banking Corp. Wauchula, Fla. 1.25 5,249 4,201 1.84
  First Citizens Financial Corp. Mason City, Iowa 1.25 3,311 2,651 1.43
  New Mexico Banquest Corp. Santa Fe 1.25 3,089 2,474 2.47
  Hometown Community Bancorp Inc. Morton, Ill. 1.25 3,445 2,760 1.03
114 Security Holding Co. Fredericksburg, Tex. 1.24 3,079 2,484 2.23
115 Center Financial Corp. Los Angeles 1.23 6,360 5,158 1.48
116 Ocean Bankshares Inc. Miami 1.22 24,778 20,287 1.7
  Valley National Bancorp Wayne, N.J. 1.22 43,882 36,024 1.42
  Auburn National Bancorp. Inc. Ala. 1.22 1,661 1,364 1.06
119 Cascade Bancorp Bend, Ore. 1.21 10,520 8,680 1.92
  Bank of America Corp. Charlotte 1.21 5,415,281 4,473,810 1.45
  Palm Bancorp Palmerton, Pa. 1.21 1,817 1,507 1.36
  United Heritage Bankshares of Florida Inc. Orlando 1.21 2,014 1,671 1.13
123 MetLife Inc. New York 1.2 1,032,583 859,008 0.82
  Bank of Highland Park Financial Corp. Ill. 1.2 2,068 1,721 0.87
  Sierra Bancorp Porterville, Calif. 1.2 4,902 4,084 1.7
  Commonwealth Bankshares Inc. Norfolk, Va. 1.2 2,765 2,310 1.65
127 First New Mexico Financial Corp. Deming, N.M. 1.19 1,311 1,104 1.89
128 1867 Western Financial Corp. Stockton, Calif. 1.18 7,894 6,662 1.71
  Central Pacific Financial Corp. Honolulu 1.18 20,603 17,451 1.57
  American River Bankshares Rancho Cordova, Calif. 1.18 2,275 1,927 1.52
  First Community Bancshares Inc. Bluefield, Va. 1.18 7,185 6,095 1.46
  Huntington Bancshares Inc. Columbus, Ohio 1.18 157,446 133,823 1.76
  Tennessee State Bancshares Inc. Pigeon Forge 1.18 2,427 2,065 1.76
  First Keystone Corp. Berwick, Pa. 1.18 1,503 1,279 1.16
135 Park National Corp. Newark, Ohio 1.17 23,805 20,268 1.78
  Mid State Banks Inc. Hawkinsville, Ga. 1.17 2,404 2,053 2.47
  First-West Texas Bancshares Inc. Midland 1.17 1,974 1,693 2.08
138 Cashmere Valley Financial Corp. Cashmere, Wash. 1.16 2,911 2,503 1.59
  Machias Bancorp MHC Maine 1.16 3,133 2,699 1.81
  First Midwest Bancorp Inc. Itasca, Ill. 1.16 31,215 27,023 1.45
141 Camden National Corp.Maine 1.15 5,136 4,455 1.18
  Bank of the Ozarks Inc. Little Rock 1.15 8,010 6,993 1.3
143 Heartland Bancorp Inc. Bloomington, Ill. 1.14 4,157 3,642 1.8
  Horizon Financial Corp. Bellingham, Wash. 1.14 4,651 4,076 1.55
  Central Community Corp. Temple, Tex. 1.14 3,879 3,401 1.87
146 Penns Woods Bancorp Inc. Williamsport, Pa. 1.13 2,464 2,174 1.7
  First Western Bancorp Inc. Huron, S.D. 1.13 4,464 3,940 2.05
  First Breckinridge Bancshares Inc. Irvington, Ky. 1.13 2,129 1,882 1.46
  Marshfield Investment Co. Springfield, Mo. 1.13 2,458 2,174 1.79
150 Integrity Bancshares Inc. Alpharetta, Ga. 1.12 3,366 2,999 1.38
  West Suburban Bancorp Inc. Lombard Ill. 1.12 6,749 6,032 1.46
  National Bankshares Inc. Blacksburg, Va. 1.12 3,201 2,866 1.54
  Albank Corp. Chicago 1.12 1,867 1,674 1.46

Note: Based on FR Y-9C filed by top tier bank holding companies. Foreign bank holding companies are excluded.

Source:

SNL Financial
, Charlottesville, Va.

© 2007 American Banker